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Governments around the world now understand that public-private partnerships (PPPs) can be an important option to help meet infrastructure and basic service needs while contributing to a reduction in poverty. By bundling construction and service delivery, PPPs offer the possibility of improved...
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Media:
Blog posts
IsDB is one of the Multi-National Development Banks (MDB) supporting the APMG Public-Private Partnerships Certification Program, as well as a major contributor to the PPP Certification Program Guide. We speak with IsDB's Fida Rana, from its Public Private Partnership Division to discuss its...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
The RFP governs the bid requirements (what documents must be presented and how, which is developed further in section 8.1 below), the evaluation (rules and methods to evaluate and select – section 8.2), and other relevant matters such as protection for the government (for example, the right to...
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Body of Knowledge:
Appendix Bid Preparation and Submittal the private sector perspective
This section describes the approach taken by the private party in a PPP project. The private party is the private sector entity that is successful in securing the right to implement and operate the procuring authority’s PPP project. A variety of names may be used to describe this private party....
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Body of Knowledge:
Appraising PPP Projects
The procurement of a PPP project represents Value for Money when — compared to a public sector procurement option — it delivers higher net economic benefits to society, taking into consideration the whole-life costs of the project.
The purpose of a Value for Money (VfM) assessment is to indicate if...
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Body of Knowledge:
Establishing a PPP Framework
Thus far the discussion has assumed that a government is creating a framework to guide its own actions. However, where there are multiple levels of government, and there may be instances when one level may wish to empower, influence, or control a lower level of government. In federal systems,...
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Body of Knowledge:
PPP Introduction and Overview
A project may fail for many reasons. A good number of them are naturally related to the PPP characteristics and even to the essence of the project itself. Many risks which can affect a project are unavoidable (typically force majeure, and a broader category sometimes known as unforeseen...
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Body of Knowledge:
Appraising PPP Projects
In the process of inputting data to the financial model, several assumptions would have been made, and the model must be sufficiently flexible to reveal the impact on the final cash flows of changes in those assumptions.
All the sensitivity drivers are typically concentrated in a summary sheet that...
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Body of Knowledge:
Operations and Handback
3.1. Introduction to Contract Management during the Operations Phase
During the Operations Phase, key activities that must be included in managing the PPP contract are: monitoring and managing project delivery and performance against service outputs; monitoring and managing changes; managing...
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Body of Knowledge:
Appraising PPP Projects
Chapter 2 (section 1.7.5) introduced some of the key points generally considered as decision drivers for governmental departments responsible for making the procurement decision. These decision drivers are often translated into national PPP frameworks. As introduced in chapter 1, having policy...
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Body of Knowledge:
PPP Introduction and Overview
7.2.1. Sources of Funds
The two main types of funds raised by a project company, as in any corporate finance structure, are debt and equity.
Debt may be in the form of loans or bonds. Equity may be take the form of pure equity or capital shares, and quasi-equity products (junior or subordinated...
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Media:
Blog posts
This month K-Infra ran classroom training for the APMG PPP Certification Program for the first time.
The course content was delivered in Madrid by Andres Rebollo, Lead Author of the PPP Program Guide and CEO at K-Infra. Andres is very pleased to report that every candidate that sat the exam at the...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
Chapter 1 introduced a number of topics that are typical considerations for the public partner. These are related to the financial structure of the project contract and should be documented in the contract. See section 0.7.3, especially the following.
The problem of leverage and requirements for...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
The structure of the contents of the contract document may vary significantly from country to country, and even depending on the authority or level of government within the same country. It is preferable that the structure of the contents, the nomenclature, and the treatment of many commercial...
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Body of Knowledge:
PPP Introduction and Overview
This section explains further the concept of infrastructure and public assets. It provides examples of infrastructure types that are usually developed under PPP schemes.
Public Assets and Infrastructure
This PPP Certification Guide is about procuring public tangible assets using a PPP process....
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Body of Knowledge:
Tendering and Awarding the Contract
In addition to the need to select or pre-select the candidates in a short list (see chapter 5.6.4), the competitive dialogue processes (and other interactive processes) have a number of particular and common issues.
These relate to the special stage of interaction or dialogue where the technical...
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CP3P is the leading educational program that strengthens global capacity to design and implement sustainable PPPs. The PPP Guide has been accessed by 2.5 million people and over 4,500 professionals have gained certification.
The World Association of PPP Units & Professionals (WAPPP) and APMG...
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Media:
News
On behalf of APM Group I’d like to share my excitement for the upcoming PPP Certification Program which is scheduled to be available early next year. The certification results from the hard work of several Multilateral Development Banks (MDBs) across the globe - the World Bank Group (WBG), the...
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Body of Knowledge:
Structuring and Drafting the Tender and Contract
As in any complex contract, especially those of a long-term nature, it is not possible to foresee every event that may happen and affect a PPP contract. Therefore, changes will happen and this can often lead to disputes.
Also, it is logical that some provisions in the contract may require...
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Body of Knowledge:
Establishing a PPP Framework
As an alternative approach to originating and developing PPP project ideas, some governments accept unsolicited or privately-initiated PPP projects. By welcoming “privately-initiated” projects, governments can harness information and ideas that private firms have about how to provide services...